Car tax going forward & taking payment for a sold car.

B0bbyEwing

1. Car Tax

I'll be looking to buy a car, probably two & have recently heard about some older cars soon to be costing the owner a ridiculous amount in car tax.

When looking at cars I can only see what the charge for them is now, not what it's going to be later in the year.

Is there an easy way to find what this would be so I don't end up buying something that'll later cost me a fortune in car tax?

2. Taking payment for a car

I'm going to be putting my car up for sale. I've only really previously sold my cars to the scrap man so this will be a bit of a fresh one. I'll be looking for the £1,500 - £2,000 area.

The easiest way I suppose would be cash in hand. Problem there is there's been a fair old spike in fake money around here at the moment. I was at a market stall recently & some guy who looked in his 80s got stopped because he was paying with fake money, allegedly. He was mortified. Obviously he'd been on the receiving end of bad luck but it's getting about & it's getting about quite easily.

We had some where I work recently too & we were shown real & fake notes. I couldn't really tell the difference they were so good.

Point being, if a scam artist is going to try & con me then I'm going to get conned.

So my thinking was to accept bank transfer only as a foolproof way. Once it's in the bank then it's mine was what I'm thinking.

But I want to check here that it's really as simple as that or can they end up taking my car & then later on get their money clawed back as well so I'm with no car & no cash?

If so then what's the best way to deal with receiving payment? Or is it just a case of pick a method & hope it works out?

paul_c123

1 No - the government haven't announced the April 2026 increase yet. Any news report or social media video/post you read about it is guessing/fake news. It is widely believed the bands won't change and the rates will go up to reflect inflation. If its going to be expensive, it is already expensive.

2. Bank transfer at time of sale. Just have your app/internet banking configured and ready to check. Should take between 2-30 secs normally, but could be up to half an hour. If its not come through in that time, rearrange collection for a later date once paid in full. Once its paid, transfer registered keeper online (ask them for their name, address and email address). Then also cancel your insurance ASAP. There is no stress as a seller - the buyer might have a problem with anti-fraud checks by their bank though, so be prepared to be patient.

B0bbyEwing

https://forums.moneysavingexpert.com/discussion/comment/81875993#Comment_81875993

Has the forum changed? It wont allow me to edit your post. Anyway..

1. So this video and those like it are incorrect? I've seen these figures been thrown about from a number of different sources & they're all saying the same. So they're incorrect?
2. https://www.youtube.com/watch?v=ssKO5XcC004

2. Thanks for the feedback. Sounds good.

born_again

Increases for April 26 were announced in Autumn Budget..

https://www.rac.co.uk/drive/advice/buying-and-selling-guides/car-tax-bands-explained/

paul_c123

https://forums.moneysavingexpert.com/discussion/comment/81876016#Comment_81876016

I don't know, I haven't watched - and I'm not going to - watch sh1te like that.

daveyjp

Rage bait video, dozens of them on youtube. Vehicles which are expensive to tax will remain expensive to tax.

eskbanker

https://forums.moneysavingexpert.com/discussion/comment/81876021#Comment_81876021

Actual quote from that article:

How much is my car tax in 2026?

While the car tax rates for April 2026 onwards have yet to be released, we're expecting the cost of VED in 2026 to be £200 for most newer car drivers - up from £195. This rises in line with the Retail Price Index (RPI).

although it does explain the changes for EVs that were announced in the Budget.

eskbanker

Has the forum changed? It wont allow me to edit your post.

Yes, the forum editor was changed a couple of weeks ago and this is now the only way to edit posts without quoting them in full.

More details at https://forums.moneysavingexpert.com/categories/site-feedback

jimjames

https://forums.moneysavingexpert.com/discussion/comment/81876021#Comment_81876021

Despite being RAC it's rubbish and incorrect information. The max band for a pre 2006 car is K not M but the article doesn't show that. Correct info from DVLA

https://www.gov.uk/vehicle-tax-rate-tables/rates-for-cars-registered-on-or-after-1-march-2001